August, 2023

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Visiting the dark side of the innovation moon.

Paul Hobcraft

I wrote a post in June 2012 on thinking about the dark side of the innovation moon. As India quite rightly celebrates its “first” in lunar exploration by landing near the south side of the moon , the dark side, it prompted me to look back at this post and decide to republish this again here. Have you ever wondered what is on the other side of the moon when you look up towards it?

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The Role of Top-down Management in Enterprise Innovation

HYPE Innovation

Running a successful enterprise innovation management program can be a challenging mission. Multiple factors have to be considered, each of which affects potential outcomes. One key aspect is the level of support that an innovation program receives from an organization’s management. Connecting the needs of top-down management with the strategy and architecture of an innovation program will always lead to greater levels of success.

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If You Care About Change, You Need To Learn To Leverage Shared Values. Here’s Why:

Digital Tonto

Change always begins with a grievance—there’s something people don’t like and they want it to change. Yet the status quo always has inertia on its side and never yields its power gracefully. That’s why it’s so important to forge a shared purpose, because people need a common mission they can believe in to see themselves as stakeholders in a shared future.

Change 133
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The Dual Paths of Leadership: Immediate Gratification vs. Long-term Growth

Tullio Siragusa

The Dual Paths of Leadership: Immediate Gratification vs. Long-term Growth In the arena of leadership, two divergent paths often present themselves: one focused on immediate gratification and the other on long-term growth. While both paths offer their own sets of rewards and challenges, the choices made early on can dramatically impact the course of a leader’s career, as well as the destiny of their team and organization.

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Turn Payments Into Personalization: Unlock the Value of Transaction Data

Speaker: Loreal Lynch, Everett Zufelt, and Michaela Weber

Once upon a time, in the vast realm of online commerce, there lived a humble checkout button overlooked by many. Yet, within its humble click lay the power to transform a mere visitor into a loyal customer. 🧐 💡 Getting checkout right can mark the difference between a successful sale and an abandoned cart, yet many businesses fail to make payments a part of their commerce strategy even when it has a direct impact on revenue.

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Accelerating Innovation Requires Strong InnovationOps | Sopheon

Sopheon

In my article, Mastering product management: What I have learned from my kung fu journey , I used my 12+ years of study and practice of kung fu as a lens to understand what it takes to master product management. Innovation is the lifeblood of progress and success in today's fast-paced business world. Accelerating innovation requires organizations to adapt, evolve and innovate continuously.

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Adversity can spur Creativity

Destination Innovation

Without Hope by Frida Kahlo Many artists have drawn inspiration from suffering and adversity, using their struggles as a catalyst for creativity. Here are a few examples: Frida Kahlo (1907-1954) : The renowned Mexican painter Frida Kahlo faced numerous hardships throughout her life, including childhood polio, multiple miscarriages and a bus accident that left her with severe injuries.

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Startup Scouting Process for Beginners

HYPE Innovation

Companies across the globe are under increasing pressure from multiple stakeholders, with many failing to meet expectations or outperform their competitors. In today’s increasingly volatile, uncertain, disrupted, complex, and interconnected environment, it’s more important than ever for companies to learn how to adapt faster than the rest of the market in order to survive.

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We are all sheep

Idea to Value

And this explains why innovating can be so hard for many of our colleagues. Sheep stick together in a herd. I saw this herd this morning, and notice how close each sheep stays to each other. They feel safer this way. If there is ever any danger or predator around, being in a large group means not only can you see the danger earlier, you do not need to face it alone, making it more likely you will survive.

Groups 199
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Technical Review: A Trusted Look Under the Hood

TechEmpower Innovation

Many CEOs of software-enabled businesses call us with a similar concern: Are we getting the right results from our software team? Most innovators don’t have a technical background, so it’s hard to evaluate the truth of the situation. We hear them explain that their current software development is expensive, deliveries are rarely on time, and random bugs appear.

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How to Prepare for a GenAI Future You Can’t Predict

Harvard Business Review

Given the staggering pace of generative AI development, it’s no wonder that so many executives are tempted by the possibilities of AI, concerned about finding and retaining qualified workers, and humbled by recent market corrections or missed analyst expectations. They envision a future of work without nearly as many people as today. But this is a miscalculation.

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Manufacturing Sustainability Surge: Your Guide to Data-Driven Energy Optimization & Decarbonization

Speaker: Kevin Kai Wong, President of Emergent Energy Solutions

In today's industrial landscape, the pursuit of sustainable energy optimization and decarbonization has become paramount. Manufacturing corporations across the U.S. are facing the urgent need to align with decarbonization goals while enhancing efficiency and productivity. Unfortunately, the lack of comprehensive energy data poses a significant challenge for manufacturing managers striving to meet their targets.

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Can AI Help Leaders Level Up Their EQ?

Tullio Siragusa

Can AI Help Leaders Level Up Their EQ? In a rapidly evolving world, the role of AI in education is becoming increasingly significant. AI can revolutionize the educational landscape by tailoring learning experiences, automating administrative tasks, and providing insights into student performance. Beyond these applications, AI has the potential to enhance the emotional intelligence (EQ) of leaders and managers.

Exercises 118
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Innovation is essential to unlock all parts of the energy transition.

Paul Hobcraft

Innovation has the power to unlock the Energy Transition, Innovation thinking and design are needed everywhere within the energy system. Technological and systemic innovation is incredibly important to the end-user sectors of transport, industry, and buildings, as well as replacing and upgrading much of the overall system design and operation of delivering energy to power our economies.

Design 130
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Big Tech and Media- The Future?

IdeaSpies

ChatGPT’s parent OpenAI will generate $1 billion in revenue over the coming year, the Information reports. The Microsoft-backed uber-unicorn is already banking $80 million a month. I recently predicted Microsoft’s valuation will rocket to $4 trillion , and warned news media that the window to do a deal was closing. Today, while they brief lawyers on copyright theft, Supervised reports how OpenAI is hauling ass to commercialising it.

Report 108
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Self-Serving bias: Why you think nothing is your fault

Idea to Value

How often are you blamed for things which are not your fault? Or get credit for the good things which only happened thanks to you? While in some cases people may really get negative feedback which was completely not their fault, often there is more nuance involved, where the person may not accept their responsibility. Conversely, often people will take credit for good things happening to them, when in reality it had very little to do with their actions.

Study 188
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Peak Performance: Continuous Testing & Evaluation of LLM-Based Applications

Speaker: Aarushi Kansal, AI Leader & Author and Tony Karrer, Founder & CTO at Aggregage

Software leaders who are building applications based on Large Language Models (LLMs) often find it a challenge to achieve reliability. It’s no surprise given the non-deterministic nature of LLMs. To effectively create reliable LLM-based (often with RAG) applications, extensive testing and evaluation processes are crucial. This often ends up involving meticulous adjustments to prompts.

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Building Bridges for Innovation: ISO 56003 and the Power of Structured Partnerships

PlanBox Innovation

This article originally appeared on Forbes. In the rapidly evolving, interconnected landscape of the 21st century, no organization is an island. The increased interdependence has birthed countless collaboration opportunities, leading innovators to strategically weave a network of partnerships throughout their supply chain to continuously drive better, more sustainable results, especially when it comes to evaluating emerging technologies and engaging with startups.

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Are Collaboration Tools Overwhelming Your Team?

Harvard Business Review

Today’s workers feel numbed by a fragmented, unpredictable, and overwhelming collection of collaboration tools — the very things advertised to boost their productivity. They know they’re overloaded and feel exhausted but believe there is little or nothing they can do to slow the onslaught of communication. The authors explored how collaboration technology bloat impacts employees and tried to help people take control over their work.

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The Universality of Leadership: Challenging Industry-Specific Biases

Tullio Siragusa

The Universality of Leadership: Challenging Industry-Specific Biases In the modern business landscape, we often hear the argument that leaders should be hired from within the same industry to be effective. Proponents of this belief argue that familiarity with industry jargon, processes, and nuances is indispensable. While industry-specific knowledge can be beneficial, it’s essential to challenge this bias.

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We need a new Energy Mantra- innovate, innovate, innovate.

Paul Hobcraft

Energy is a vital part of any country’s ability to be competitive, and we need to recognize that to innovate is the critical enabler to a clean energy future. Today half the world’s capital is invested in energy and its related infrastructure, which is the backbone of any industrial and urbanization strategy. We need to keep pushing for discoveries, experimentation, and demonstrating.

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How Mature Companies Are Scaling Transformational New Businesses

Scaling transformational innovations in large companies is challenging due to ‘Company Fit’ issues, which arise when the resources, processes, and priorities (RPPs) of the core business are not aligned with the needs of the new business. Many companies have learned how ambidexterity—the ability to both ‘exploit the present and explore the future,’ can help them address these issues for ideation and incubation of new innovations, but scaling transformative business innovations remains a challenge

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How Public Relations Can Help Your Company Build a Stronger Brand Identity and Stand Out From Competitors

Brunner

You know your company has great stories to tell. Maybe it’s how your engineering team helped a B2B customer solve a risky problem and finally land that big account. Or how your product group turned an inspired idea into a new item that millions of B2C customers are snapping up. But many companies don’t know how to share those stories. They’re frustrated by the lack of media recognition.

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A policy playbook for school innovation, given continued struggles for students

Christensen Institute

As educators, policymakers, and the media fret that the unprecedented levels of federal investment in our nation’s schools during the pandemic haven’t had the impact that they had hoped on helping students rebound, some have asked how policy can help schools rethink and reinvent schooling rather than stick with the status quo. Bearing in mind the American Enterprise Institute’s (AEI) Rick Hess’s adage that “policy can make people do things, but it can’t make them do those things well,” there a

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Controlled Disruption in the Wild

Flying Fish Lab

Let’s walk down memory lane: The music industry faced significant disruption with the emergence of Napster, a peer-to-peer file-sharing application enabling illegal downloads, causing a decline in CD sales. Napster eventually shut down in the early 2000s because they did break the rules through copyright infringement. Fast forward to today and we are enjoying the services of the likes of iTunes and Spotify who transformed the music landscape, revolutionized music consumption, and generated new r

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Why Customers Leave Platforms — and How to Retain Them

Harvard Business Review

Companies often misunderstand the problem of users leaving their platforms. Disintermediation is a sign that your customers don’t think you are adding as much value as you think you are. Firms struggling with disintermediation can take simple steps to stop the bleeding before it’s too late — if they understand what’s really taking place. They should consider six factors: urgency, rake, risk, skill, frequency, and modularity.

How To 114
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How Automation is Driving Efficiency Through the Last Mile of Reporting

Speaker: Jamie Eagan

As organizations strive for agility and efficiency, it's imperative for finance leaders to embrace innovative technologies and redefine traditional processes. Join us as we explore the pivotal role of digitalization and automation in reshaping what is commonly referred to as the “last mile of reporting”. We’ll deep-dive into why digitalization is no longer a choice, but a necessity for finance departments to stay competitive in a fast-paced environment touching on: 2024 trends for the Office of

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Creating Urgency: A Key to Success in Sales

Tullio Siragusa

Creating Urgency: A Key to Success in Sales Urgency is more than just a buzzword in the world of sales. It’s an essential mindset that can drive teams to close deals more effectively, acting as a decisive driver rather than a hesitant tire-kicker. But how can leaders instill this sense of urgency within their teams, and why does it matter? Let’s dive into the answers with some concrete examples and strategies.

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I Transformed My Company Through AI 15 Years Ago — Here's What I've Learned

Entrepreneur - Innovation

I run one of the world's largest language service provider companies. Fifteen years ago, I made the decision to completely change the DNA of my company to embrace automation and artificial intelligence. Here's what I've learned about adopting AI into your company.

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How Effective Leadership Skills Foster Strong, High-Performing Teams 

Brunner

Having an effective leader is crucial when it comes to building a solid and high-performing team. A great leader knows that they need to exhibit certain qualities and take specific actions to create a strong team dynamic and help the team succeed. At Brunner, we embrace a “player/coach” management style, actively involving ourselves in the process.

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What’s one thing health care executives should learn from Mark Cuban?

Christensen Institute

You might be surprised that the answer has nothing to do with health care. Instead, it’s articulating a singular focus for your organization, grounded in the progress customers are seeking. Frequent readers will notice I’m referring to the theory of Jobs to Be Done. Jobs Theory (Jobs) is a framework to better understand customer behavior. While conventional marketing segments a market by demographics and product attributes, Jobs focuses on the functional, social, and emotional drivers that

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Implementing Intelligent Document Processing Solutions: Why It Works

See how companies like yours are tackling some of today’s most common business problems using AI-assisted automation for document processing. Manually capturing, extracting, and processing data within documents is a costly and outdated practice that’s holding your company back. IDP takes document processing to a whole new level so you can understand and use your data more effectively than ever before.

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Controlled Disruption – a powerful approach to change the business landscape

Flying Fish Lab

At Flying Fish Lab, we offer a unique approach called Controlled Disruption to help businesses grow. Controlled Disruption is unique in its ability to overlay Intelligent Naivety onto your Category Expertise. It is a proactive and essential strategy in today’s ever-changing consumer and customer landscape. By adopting this approach. you can gain advantages that significantly enhance your prospects for sustained growth and prosperity in the long run.

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No, SCOTUS Did Not Make Your Company’s DEI Programs Illegal

Harvard Business Review

The most effective approach to DEI is also the best for controlling legal risk: Focus your DEI program on interrupting the bias that’s constantly transmitted through basic business systems. This is how most corporate DEI programs, which typically focus on trainings and tweaks to organizational systems to level the playing field, already work.

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Process Improvement Opportunities: How to Identify + Implement | KaiNexus

Kainexus

Business processes serve as the backbone of an organization, defining how tasks are executed, resources are allocated, and goals are achieved. In this dynamic and competitive landscape, embracing continuous improvement through effective process improvement plans is paramount.

How To 93
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He Founded the App Parents Love for Back-to-School Season — Then Found Himself Ridiculed By Teens on TikTok. Here's How It Led to Serious Innovation.

Entrepreneur - Innovation

When Chris Hulls, co-founder and CEO of family social networking app Life360, discovered he was the subject of a meme making the rounds on social media, he took action.

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How Retailers Are Transforming Customer Experiences with Data & AI

Speaker: David Azoulay, Marc Stracuzza, Román Tejada, and Guest Speaker Sucharita Kodali

Imagine a retail landscape where every interaction is personalized, every decision informed, and every opportunity maximized 🤔✨ Join us for an exploratory journey into the heart of AI-driven retail innovation. We’ll unveil the transformative potential of AI and data analytics in shaping the future of omnichannel personalization and e-commerce.